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SoftBank Group Corp vision fund loses money mgain despite tech rebound By Min Jeong Lee and Takahiko Hyuga SoftBank Group Corp. lost money in its Vision Fund investment unit again despite a rebound in tech stocks, as the Japanese conglomerate suffered losses on unlisted startups in its portfolio.   The Vision Fund unit lost ¥297.5 billion ($2 billion) in ...

IMF warns US default would have 'serious repercussions' worldwide Potential consequences from a US default would include higher interest rates and broader instability, IMF spokeswoman Julie Kozack said in a briefing Thursday

The Terminal moduleof the MT4 platform allows you to manage and monitor all your tradingactivities, pending orders, trading account history, cash operations, overallbalance, equity, and your margin. Micro Account has the lowest minimum deposit and offers allthe features of our other account types.& access to all trading instrumentson worldtradex. You can trade micro-lots with this account, at 40% Margin call ...

Bajaj Finance hikes FD rates by up to 40 bps, duration 36-60 months Bajaj Finance, the lending arm of Bajaj Finserv, on Wednesday increased its fixed deposit (FD) rates by up to 40 basis points. Following the hike, 44 months special tenure for senior citizens will invite an interest rate of 8.60 per cent per annum. The ...

G20 DRRWG to discuss ways of managing disaster risk, financing in Mumbai The second meeting of the G20 Disaster Risk Reduction Working Group (DRRWG) will explore innovative ways of managing disaster risk and financing for sustainable development, officials said here. The meeting, scheduled between May 23-25 in the country’s commercial capital, will attract top government officials, industry experts, ...

Forex cards, travel cards fee should be settled in rupees, not in foreign currency: RBI [ad_1] The Reserve Bank of India (RBI) stated that the charges levied on forex prepaid cards, store value cards, and travel cards payable in India must be denominated and cleared in rupees. According to the RBI notification dated May 9, 2023: “A few Authorised Persons ...

Bad loan firms call for rule change to open up sector to new players Urban Co-op Bank profiles improve on bad loan dip, better profitability SBI personal banking loan book up Rs-5 trn mark, helped by digital push ‘Historical’ changes: Here is what the NCERT has dropped from text books Yes Bank completes transfer of $5.81 bn worth bad loans ...

Private sector banks post 9.7% decline in net profit Private sector banks reported a robust profile with healthy growth in net interest income (NII), credit offtake and reduction in provision burden for the fourth quarter ended March 2023 (Q4 of FY23). However, as a pack, their net profit declined by 9.7 per cent year-on-year (YoY) at Rs 25,317 crore ...

RBI asks citizens to settle fee, charges on forex prepaid cards in rupee The Reserve Bank of India (RBI) on Tuesday directed to settle fees and charges payable in India on forex prepaid cards, store value cards, and travel cards in the local currency, ie. Rupee. The central bank also stated, “The use of such cards is limited to ...

Increase in premium amount of life insurance a big concern for customers ‘Company does not keep in touch’ is cited as the potential reason for customers leaving, according to 22 per cent of the people, suggests the report